Journal of Knowledge Management, Economics and Information Technology

Clusters contain a group of related industries and other entities important in terms of competition and are geographic concentrations of interconnected companies and institutions belonging to a particular area. These include suppliers of specialized inputs such as components, machinery and services, and providers of specialized infrastructure. Clusters often extend downstream towards various distribution channels and customers and later to manufacturers of complementary products and the industries related by skills, technologies or common inputs. Finally, some clusters include governmental institutions and other entities – such as universities, standardizing agencies, think-tanks (ideas factories/ reflection groups), professional training providers and employers – providing specialized training, education, information, research and support.

  Uml Language Use in Identifying Tangible and Intangible Assets in a Cluster (349.6 KiB, 3,060 hits)

The article elaborates weather UML, primarily used in software engineering, can be a useful tool in business modeling and administration. By analyzing the advantages the modeling language has to offer we find that UML is visual and object oriented and that it is useful in expressing structure, interaction and behavior as well. With its help managers and business people can build models and diagrams to help put things into perspective. “Case Study 1” shows UML can be used as an analysis tool in business modeling to help increase the complexity and depth of the event or project that is being developed. “Case Study 2” attempts to prove that UML can also be efficiently used in finding solutions to newly appeared problems in a business environment. Despite the practicality of the Unified Modeling Language there is still some criticism brought to it. Some programmers consider it to be hard to learn and some developers claim that it is too abstract. The article concludes that despite the minor drawbacks; due to its adaptability and complex visual models, it is a very useful tool that adds value to the modeling of business structures and processes.

  UML In Business Administration (461.0 KiB, 4,078 hits)